Bitcoin Long Liquidations Hit $98.77M as Total Crypto Longs Top $100M — Coinglass (Sept 24)

On September 24, COINOTAG, citing Coinglass data, reported that in the most recent hour total liquidations exceeded $100 million, with long liquidations registering $98.774 million. This intrahour snapshot reflects significant deleveraging activity across derivatives venues and a concentrated wave of margin exits.

The magnitude of these crypto liquidations highlights elevated short-term volatility and the prevalence of sizable leveraged positions in futures markets. Market participants and risk managers are advised to track funding rates, open interest and exchange order flow as verifiable indicators of positioning and liquidity dynamics rather than relying on unsupported speculation.